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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?


To: marcher who wrote (25673)6/15/2011 6:58:58 PM
From: LTK007  Read Replies (2) | Respond to of 119362
 
marcher:FWIW, i see a close below 1249.50 a signal we will test 1227 . If at 1227 there is a bounce to less than 1249 we then retest 1227 and if it is breached i see nothing to stop this until 1173.
If PPT is NOT going to intervene i see a test of 1173 as in the cards. i don't think they have breach of 1173, so at this point i see 1173 as our intermediate bottom, and we can rally back to 1300 area but with 75% chance we saw our last high at 1370. All this mere SWAG--nothing more:). Max